Nvidia Corp. (NVDA) was founded in Santa Clara, California, in 1993, and was originally a silicon chip company specializing in graphics processing units, or GPUs. Nvidia has grown dramatically on a global scale as it has positioned itself as a leader in visual computing, gaming, visualization, datacenter, cryptocurrency mining, and artificial intelligence.
The top individual shareholders of Nvidia are Jen-Hsun (“Jensen”) Huang, Colette M. Kress, and Mark A. Stevens, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc. (BLK), and FMR LLC.
Nvidia has posted 12-month trailing net income of $4.3 billion and 12-month trailing revenue of $16.7 billion for the same period. This represents a net profit margin of 26%. As of February 28, 2022, the company has a market capitalization of $603.93 billion and has surpassed Intel as the largest US chip marker.
“Insider” refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company’s stock. In this context, it has nothing to do with insider trading.
Below are the top 3 individual insider shareholders of Nvidia. Note that this list reflects direct ownership and does not include indirect ownership of shares or shares accessible through stock options.
Jen-Hsun (“Jensen”) Huang
Jen-Hsun Huang—who goes by Jensen Huang—owns roughly 1.3 million shares of Nvidia, representing 0.21% of all outstanding shares. Huang founded the company in 1993 and serves as president and CEO. He is also a director of Nvidia. Prior to establishing Nvidia, Huang worked for chip manufacturer LSI Logic Corp. and semiconductor company Advanced Micro Devices Inc. (AMD). Huang is listed as #186 on the Forbes billionaires list, with a net worth of about $14.6 billion.
Colette M. Kress
Colette M. Kress owns 157,773 shares of Nvidia, representing 0.03% of all outstanding shares. Kress is executive vice president and chief financial officer (CFO). She joined the company in 2013, having previously served as senior vice president and CFO of the Business Technology and Operations Finance organization at Cisco Systems Inc. (CSCO) and as CFO of the Server and Tools division of Microsoft Corp. (MSFT).
Mark A. Stevens
Mark A. Stevens owns 157,186 shares of Nvidia, representing 0.03% of all outstanding shares. Stevens has served on Nvidia’s board from 1993 to 2006 and again since 2008. Since 2012, Stevens has been managing partner of S-Cubed Capital, a private family office investment firm. From 1993 to 2011 he was managing partner of venture capital firm Sequioa Capital and has also held positions at Intel Corp. (INTC) and Hughes Aircraft Co.
Nearly 2,000 institutions filing 13Fs hold Nvidia stock as of Q4 2021. Of these, 171 include Nvidia as a top 10 holding. Roughly 66.7% of all outstanding Nvidia shares are held by institutional shareholders.
Vanguard Group Inc.
Vanguard Group owns 48.0 million shares of Nvidia, representing 7.7% of total shares outstanding, according to the company’s 13F filing for the period ending Dec. 31, 2021. The company is primarily a mutual fund and ETF management company with about $6.2 trillion in global assets under management (AUM). The Vanguard Information Technology ETF (VGT) has about $47.3 billion in AUM. Nvidia is the third-largest holding in the fund’s portfolio, at about 3.2% of fund assets.
BlackRock owns 44.8 million shares of Nvidia, representing 7.2% of total shares outstanding, according to the company’s 13F filing for the period ending Dec. 31, 2021. The company is primarily a mutual fund and ETF management company with approximately $8.7 trillion in AUM. The iShares PHLX Semiconductor ETF (SOXX) has about $7.0 billion in AUM. Nvidia is the largest holding in the fund’s portfolio, at about 8.8% of fund assets.
FMR owns 43.7 million shares of Nvidia, representing 7.1% of total shares outstanding, according to the company’s 13F filing for the period ending Dec. 31, 2021. FMR is one of the nation’s largest financial services companies and offers investment management, retirement options, brokerage, financial planning, and wealth management services. The company owns investment management firm Fidelity Investments, which has total discretionary AUM of approximately $3.8 trillion. The firm manages a range of ETFs and mutual funds. The Fidelity Blue Chip Growth Fund (FBGRX) has about $50.7 billion in AUM. As of 2021, Nvidia was the sixth-largest holding in the fund’s portfolio, at about 3.3% of fund assets.